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Four majors bid for Israeli port tender

December 16, 2013
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According to the Israeli on-line Israel business news  agency ‘Globes’, the Germany-based port operator was revealed as one of the four international port operators when the Israeli Ministry of Transport opened the envelopes for the preliminary stage of the tender yesterday (16 December).

Others international operators in the running are: Terminal Investment Limited, owned by Mediterranean Shipping Company (MSC), International Container Terminal Services Inc. (ICTSI) of the Philippines, and France’s Bollore Group.

As yet, it is still not clear whether only one or both ports will be built, but it is reported that the Ministry of Finance sees no operational or economic justification for two ports. The final decision will be made by the Prime Minister, Benjamin Netanyahu.

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